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Topics (Issues) in international trade and globalisation

course

Aims of the course

• Familiarize students with recent developments in the field of trade and policy, including the most recent contributions dealing with the topical issues of global economy.
• Provide students with contemporary tools for the analysis of the main issues concerning international trade in the age of globalization.
• Secure students’ understanding of effects and causes behind complex global processes.
• Help build students’ competencies to address the challenges that globalization raises for individuals, businesses, nations, and the world economy.

Course syllabus

1. Firm Heterogeneity and International Trade: trade liberalization and intra-industry reallocations, selection process, comparative advantages and heterogeneous firms
2. Exporters’ Behaviour in global markets: export diversification, product-market mix dynamics, exporting and firm performance
3. Multinational firms, Integration vs. Outsourcing, and Incomplete Contracts: FDI and multinationals, firm organization and trade, contract enforcement and intellectual property rights protection
4. Global supply chains: changing patterns of global production, domestic value added of exports, development implications
5. Economic geography: location, production networks, spatial and urban economies, regional development
6. Gravity and Trade Costs: proper specification of gravity model, the intensive and extensive margins, border puzzle, information frictions in trade
7. Trade and Labour Market: migration and wage inequality, trade and income inequalities, costs of redistribution, labour market polarization
8. Trade, Growth and Institutions in global markets: trade and growth causalities, technology diffusion, trade and institutional change
9. Granularity, impact of firm-level hubs on the propagation of trade shocks and aggregate output fluctuations
10. Globalization and Trade Policy, Economic Integration Processes and New Global Economic Order

Course director(s)

  • Office Hours
  • Wednesday at 13:00 in RZ-207
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  • Office Hours
  • Thursday at 14:45 in R-306
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  • Office Hours
  • Wednesday at 11:30 in R-306
 
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